Ithaca, NE is a small town with many businesses and attractions. Rent in Ithaca, NE is significantly less than the US average, with two bedroom apartments going for $890 compared to the US average of $1,430. The cost of groceries in Ithaca is also more affordable than that of the US; the Grocery Cost Index shows it to be 98 compared to 100 nationally. The area's business community includes local companies like Mid-State Bank and Trust, CTL Group, and Krock Custom Butchering. There are also several bars and restaurants in the downtown area such as The Town Pub and Stix Bar & Grill. With its affordable cost of living and thriving business climate, Ithaca is an attractive place to live and work.
Ithaca has an unemployment rate of 2.6%. The US average is 6.0%.
Ithaca has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Ithaca
- The Sales Tax Rate for Ithaca is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ithaca is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ithaca
- The average income of a Ithaca resident is $24,165 a year. The US average is $37,638 a year.
- The Median household income of a Ithaca resident is $33,125 a year. The US average is $69,021 a year.